Fractyl Laboratories Inc., a Lexington, Mass.-based developer of treatments for metabolic diseases, secured $55 million in Series E financing led by Taiwania Capital Management. New investors Catalio Capital Management, CDIB Venture Capital and YJ Capital also participated in the round, along with existing backers Bessemer Venture Partners, General Catalyst, Domain Associates, Mithril Capital Management, Emergent Medical Partners, True Ventures and GV. Michael Huang, managing partner at Taiwania Capital, will join Fractyl’s board.
TemperPack Technologies Inc., a Richmond, Va.-based manufacturer of sustainable thermal insulation for home deliveries of perishable foods and temperature-sensitive medicines, picked up $31.3 million in Series C funding. Wheatsheaf Group led the round, which included participation from Revolution Growth, Harbert Growth Partners, SJF Ventures, Arborview Capital, Tao Capital, Third Prime Capital and Greenhouse Capital.
InnovHeart SRL, an Italy- and Newton, Mass.-based developer of a device to treat mitral valve disease, completed a €20 million ($23.6 million) Series B funding round from investors including Genextra, Panakes Partners, CDP Venture Capital and Indaco Venture Partners. Barbara Castellano, principal at Panakes, will join the board.
Archipelago, a San Francisco-based startup that digitizes the risk profiles of large commercial properties, launched with more than $20 million in seed and Series A funding from Ignition Partners, Canaan Partners and Zigg Capital.
CardioMech AS, a Minneapolis-based mitral valve repair technology provider, landed an $18.5 million Series A round from investors including Hadean Ventures and Investinor.
StreetLight Data Inc., a San Francisco-based company that harnesses big data to provide transportation analytics, closed a $15 million Series D round of funding from Macquarie Capital, Activate Capital, Osage University Partners and Ajax Investment Strategies.
Vicarious Surgical Inc., a Charlestown, Mass.-based surgical robotics platform, added $13.2 million in funding. E15 Capital led the round, which included contributions from existing investors Bill Gates, Khosla Ventures, Innovation Endeavors and AME Cloud Ventures. E15’s Philip Liang and Ric Fulop, chief executive of Desktop Metal, joined the board.
Oomnitza, a San Francisco-based IT asset management startup, nabbed $12.5 million in Series B funding led by Shasta Ventures and Riverside Acceleration Capital.
Orum, a New York-based money transfer platform, snagged a $5.2 million investment from Inspired Capital, Homebrew, Acrew, Bain Capital Ventures and others.
Approve.com, a Tel Aviv-based procurement operations platform, was seeded with a $5 million investment led by Aleph.
Clean.io, a Baltimore-based startup that protects businesses from the execution of malicious JavaScript, raised $5 million in Series A funding. Tribeca Venture Partners led the round, with support from Real Ventures, Inner Loop Capital and Grit Capital Partners.
|